Banking

Caracas: Venezuela's hyperinflation has turned the struggling Opec nation's once-powerful banks into warehouses of useless cash that are worth a...

Muscat: In recognition of his outstanding contribution to the banking and financial sector in Oman and the Gulf Cooperation Council (GCC) region, Abdul...

Muscat: Marking the completion of eleven years of banking excellence within the Sultanate, year 2018 witnesses yet another achievement for Bank Sohar as it...

Muscat: Meethaq, pioneer of Islamic banking in Oman from Bank Muscat, and the Azimut Group, signed an exclusive partnership to promote the Global Sukuk Fund...

Washington: The World Bank's shareholders on Saturday endorsed a $13 billion paid-in capital increase that will boost China's shareholding but bring...

Muscat: Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), recently held its first Sharia Supervisory Board meeting for 2018. The meeting, held at...

Dubai: Two Saudi Arabian-linked banks have become the first lenders with ties to the kingdom to sign a debt settlement plan with Ahmad Hamad Al Gosaibi and...

Muscat: The Bank Muscat Oryx Fund has won the prestigious 2018 MENA Fund Manager award for the best GCC Equity Fund. This is the sixth time in the last...

Muscat: Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary results for three months ending March 31, 2018. The bank...

New Delhi: India's state-run Punjab National Bank (PNB) is conducting an internal investigation into an alleged $2 billion fraud and more heads could...